Question: In Chapter 35, we learned about the control rule. As a result of the control rule, if a limited partner engages in the management of

In Chapter 35, we learned about the control rule. As a result of the control rule, if a limited partner engages in the management of the partnership, she loses her liability shied unless she has been hired as an employee or contractor of the partnership or as a consultant or adviser to the general partner in which case the liability shield remains in place. Why do you think that this rule is in place? Do you agree with this rule? Why or why not

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